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IFRS in Focus — IASB issues new standard on revenue recognition

Published on: May 28, 2014

This newsletter discusses the IASB's new Standard, IFRS 15 Revenue from Contracts with Customers. It summarizes the final standard’s (1) key provisions, including the specific steps for recognizing revenue; (2) other provisions and impacts; (3) disclosure requirements; and (4) effective date and transition.


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